British Business Bank's goal to become the UK's sovereign wealth fund

Date
22 February 2023

jamielidchi

Active Member
Apr 1, 2023
10
3
'Creating a competitive UK SWF or SGF could help stimulate the British economy by both directly investing in growing businesses, as well as attracting private capital investment' - this is the most interesting part of this for me; the idea that the government could attract, essentially, LPs (coming at this perhaps from a slightly over-simplistic VC angle) to invest significantly in the fund.
 

Jake Rickman

Distinguished Member
Premium Member
Junior Lawyer 42
  • Nov 6, 2020
    74
    166
    'Creating a competitive UK SWF or SGF could help stimulate the British economy by both directly investing in growing businesses, as well as attracting private capital investment' - this is the most interesting part of this for me; the idea that the government could attract, essentially, LPs (coming at this perhaps from a slightly over-simplistic VC angle) to invest significantly in the fund.
    I think that's spot on the value proposition behind investing government capital and resources into SWF/SGFs. Especially in the context of trying to make Britain a more competitive place for businesses and investors alike.
     

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